Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
Fidelity International plans to cut 16% of China fund unit jobs
China sets higher bar for consumer finance companies
Nvidia expands ties with Chinese EV makers as auto AI race heats up
Singapore's Tokenize Xchange raises $11.5m more in Series A funding
Data Vantage: Staffinc, SIRCLO, SynPhNe, Una Brands and SwipeRx in focus
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The LP View: Singlife’s investment arm charts private equity course for Asia
IFC weighs $100m investment for responsAbility’s Asia-focused climate fund
Charticle: First-time VC fund managers in SE Asia had one of their toughest years in 2023
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
Singapore’s PCG in talks to reopen fund for luxury Japan ski resort as weak yen beckons
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.